Despite the current economic uncertainty, these companies have long-term potential given their robust, enterprise-facing business models.

The subscription-focused fintech stock has climbed in April and May, but its share price is still down roughly 21% year to date.

The Zuora Central Platform helps companies test and launch new subscription products faster at scale, beyond tens of millions of active subscriptions.

Zuora, Inc. (NYSE: ZUO) will report financial results for its first quarter of fiscal 2021 following the close of market on Wednesday, June 3, 2020.

Zuora (ZUO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

(Bloomberg) -- SAP SE’s cloud division Chief Financial Officer Todd McElhatton will leave the German software giant to run finances at cloud-applications company Zuora Inc., the latest departure in a wave of executive exits.McElhatton will become CFO of San Mateo, California-based Zuora on June 22, a week after exiting SAP, he said in an interview. He will replace Tyler Sloat, who departed Zuora and joined Freshworks Inc. as CFO this month.McElhatton spent two years overseeing the finances of SAP’s $7 billion cloud division, which includes acquired companies such as Concur, SuccessFactors and Qualtrics. He’s one of several high-profile leaders who have departed Walldorf, Germany-based SAP within the past year. Bill McDermott, who served as chief executive officer for about a decade, stepped down from that role in October and is now CEO at ServiceNow Inc. Jennifer Morgan, one of McDermott’s two successors, departed in April after disagreements with co-CEO Christian Klein about SAP’s direction. Abdul Razack, SAP’s chief product officer, left earlier this month. With the exception of McDermott, SAP’s first American CEO, these executives have been some of the company’s highest-profile leaders based in the U.S.Zuora helps other organizations adopt and manage subscription-based business models, but it has struggled at times since its April 2018 initial public offering. The software company has posted slowing year-over-year sales growth in each quarter of the last fiscal year. The stock has declined about 19% this year and, at $11.66, is trading below its $14 IPO price.McElhatton “understands companies at our level of scale and how do we bridge from where we are to be a multibillion dollar company,” Zuora CEO Tien Tzuo said in an interview. “It’s a milestone for us in the next step of our journey.”McElhatton said Zuora is well-positioned as a company that helps businesses transform their operations.“It’s just something I couldn’t pass up and the subscription economy is even going to be a bit more relevant as we go through this post Covid-19 environment,” he said.McElhatton said it was a coincidence that several SAP leaders have left in recent months and expressed confidence in Klein and SAP’s CFO Luka Mucic.Zuora hasn’t yet reported results that reflect the effects of the coronavirus pandemic, but has pointed to how its customers are faring. In a recent analysis of clients, the company found that half saw no adverse effect on business in March and April. About 20% saw subscriptions accelerate. But notably, 17% are seeing slowing growth and 15% are contracting. Zuora is scheduled to issue results June 3.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Chief Financial Officer of SAP's Cloud Business Group, Todd McElhatton, will join Zuora as the company's new CFO on June 22, 2020.

A federal judge has greenlighted a securities fraud class-action against Zuora Inc. on behalf of its investors, according to Hagens Berman.

Zuora, Inc. (NYSE:ZUO) shareholders should be happy to see the share price up 23% in the last month. But that's not...

Advance Auto Parts, Inc. (AAP)

Zuora will make strategic grants to global nonprofits and social enterprises focused on creating more equitable and prosperous communities.

Shares of Zuora Inc. are down more than 7% in premarket trading Thursday after Jefferies analyst Brent Thill downgraded the stock to hold from buy. "Although the company is positioned to benefit from the secular tailwind to the subscription economy, we think it has short-term headwinds from COVID and incremental execution risk," he wrote. "We believe Zuora's heavy deployment cycle, combined with its reliance on transaction volume puts it at risk in the near term." He worries that Zuora has a long sales cycle, which could pressure new deals during this period of economic uncertainty. Thill maintained an $11 price target on the stock. He also downgraded shares of VMware Inc. and Smartsheet Inc. to hold from buy. Zuora's stock has declined 32% over the past three months as the S&P 500 has dropped 17%.

(Bloomberg) -- Freshworks Inc. recruited industry veteran Tyler Sloat to become chief financial officer, as the Silicon Valley software startup seeks to expand its business and eventually go public.The San Mateo, Calif.-based company has carved out a niche in providing customer relationship management tools to smaller businesses, a model pioneered by giant Salesforce.com Inc. Freshworks doubled revenues in the past 18 months to pass $200 million in annual sales, and is targeting sales of more than $1 billion in the next few years, Sloat said in an interview.“The shift to digital customer engagement will further hasten as companies come out of the pandemic,” said Sloat, who worked as CFO at payments company Zuora Inc., including during its initial public offering.Started in the southern Indian city of Chennai, Freshworks is led by founder and Chief Executive Officer Girish Mathrubootham and is valued at $3.5 billion, according to CB Insights. It is among the largest software-as-a-service companies to emerge out of India and still retains sizable operations there.As lockdowns from the coronavirus push businesses online, owners are seeking out new ways to manage customers. To draw new customers, Freshworks is offering a three-month holiday from payments for companies with 50 or less employees that newly sign up for its products, said Mathrubootham.The same virus outbreak that’s boosting revenue could also delay an IPO that Freshworks has planned, Mathrubootham said. “Like a bachelor who’s responsible and ready to get married, we have the scale and growth to go public,” he said. “But the timing has to be right.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Zuora, Inc. (NYSE: ZUO).

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

If you rebuild the workplace after COVID-19, will the workers ever come back? In Silicon Valley, the answer from many tech companies is that many won’t, and maybe that is a good thing.

PHILADELPHIA, PA / ACCESSWIRE / May 1, 2020 / Kaskela Law LLC is investigating Zuora, Inc. (NYSE:ZUO) ("Zuora" or the "Company") on behalf of the Company's stockholders. In November ...

Zuora (NYSE:ZUO) announced that Clyde, powered by the Zuora platform, exceeded subscriber goals by 50% in its mobility subscription pilot program.

NEW YORK, May 11, 2020 -- KLX Energy Services Holdings, Inc. (KLXE) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in.

Zuora (ZUO) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.